A Change in Accounting Principle Is Evidenced by

Multiple Choice

A change in accounting principle is evidenced by

A) a change from the historical cost principle to current value accounting.
B) adopting the allowance method in estimating bad debts expense when a credit sales policy is instituted.
C) changing the basis of inventory pricing from weighted-average cost to LIFO.
D) a change from current value accounting to the historical cost principle.